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$8.72 sydney airport

Ann: Sydney Airport Traffic Performance May 2016-SYD.AX, page-23

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bubsmark

10,661 Posts.

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26/07/16

12:01

Post #: 18366958
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Originally posted by srm777 ↑

From the announcement 20/05/16

Distribution Reinvestment Plan
The distribution reinvestment plan (DRP) will operate for this distribution payment, with a 1.5% discount.

It is currently expected that additional securities will be issued to satisfy investor demand. It has been determined that the DRP pricing period in relation to this distribution will be a period of 10 trading days, commencing on 4 July 2016.
Security holders wishing to participate in or withdraw from the DRP, will need to make an election online at www.investorcentre.com or by calling Computershare on 1800 102 368, prior to 5pm on 1 July 2016.

View attachment 211615 So average of the 10 trading days as of 04/07 =$7.097
With a 1.5% discount $7.097 x 0.985 = $6.99
I believe this is the case, but we will wait and see, i think next Monday will be announced.

srm777

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So in simple terms you are suggesting our DRP is already in the money

SYD Price at posting: $7.49 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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